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31/07/2015

Daily Equity Report31!07!2015

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Nifty future is creating a Cup and Handle pattern in 30 minute chart as we can see, if break out will in that pattern with volume then nifty may cross 8500 level than 8570-8580 will be next resistance for it, so buy nifty future from above mentioned levels and given targets.

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  • 31/07/2015

  • Date and Time31-07-15

    Call: LONG

    CMP: 8421

    Initiation Level: 8440

    Book Profit (Level 1):

    8480

    Book Profit (Level 2):

    8570

    Stop Loss: 8400

    Conviction Level;

    moderate risk

    Reason:

    RECOVERY

    Short term Trend:

    CORRECTION

    Medium Term Trend:

    DOWN

    For the investor: SELL

    ON HIGH

    For Aggressive Traders:

    SELL ON RISE AND BUY

    ON DEEP

    Support: 8330-8400

    Resistance- 8500-8580

    Duration: 1-3 Days

    NIFTY FUTURE

    TOP GAINERS:

    BANK OF BARODA BY

    10.05%

    PNB BY

    9.77%

    DR READDY BY

    5.41%

    CIPLA BY

    4.64%

    ITC BY

    3.93%

    TOP LOSERS:

    NMDC BY

    2.11%

    SUNPHARMA BY

    1.87%

    HINDALCO BY

    1.74%

    INFOSYS BY

    1.42%

    KOTAK MAHINDRA BY

    1.26%

    Technical commentary

    Nifty future is creating a Cup and Handle pattern in 30 minute chart as we can see, if break out will in that pattern with volume then

    nifty may cross 8500 level than 8570-8580 will be next resistance for it, so buy nifty future from above mentioned levels and given

    targets.

  • TOP GAINERS:

    BANK OF BARODA BY

    10.05%

    PNB BY

    9.77%

    BANK OF INDIA BY

    5.01%

    CANARA BANK BY

    2.69%

    INDUSIND BANK BY

    2.11%

    TOP LOSERS:

    KOTAK MAHINDRA BY

    1.26%

    YES BANK BY

    0.44%

    AXIS BANK BY

    0.26%

    FEDERAL BANK BY

    0.15%

    BANK NIFTY FUTURE

    Date and Time 31-07-15

    Stock: BANKNIFTY

    Call Long

    Initiation Level: 18415

    Book Profit (Level 1):

    18450

    Book Profit (Level 2):

    18650

    Stop Loss: 18350

    Reason: recovery

    Short term Trend:

    recovery

    Medium Term Trend:

    DOWN

    For the Investor: SELL ON

    HIGH

    For Aggressive Traders:

    SELL ON RISE AND BUY ON

    DIPS

    Support: 18180-18000

    Duration: 1-3Days

    Technical commentary

    As we can see bank nifty also creating a Cup and Handle pattern as like nifty so buy also in bank nifty future

    with above mentioned levels and targets.

  • STOCKS RECOMMENDATION FOR TOMORROW

    1) CV CASH CALL: BUY ORIENTAL BANK ABOVE 165 TGT 174 SL 160.

    2) CV CASH CALL: BUY ADANI PORTS ABOVE 320 TGT 330 SL 312

    www.capvision.co.in

    http://www.capvision.co.in/
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